CNC Midt ApS

CVR number: 37254207
Højvang 4, 7560 Hjerm
jakob@cncmidt.dk
tel: 60679779
www.cncmidt.dk

Credit rating

Company information

Official name
CNC Midt ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About the company

CNC Midt ApS (CVR number: 37254207) is a company from STRUER. The company recorded a gross profit of 754.2 kDKK in 2023. The operating profit was 105.2 kDKK, while net earnings were 80.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 51 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CNC Midt ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit669.97618.98741.32772.31754.18
EBIT109.5499.19156.26174.42105.23
Net earnings83.1375.58119.99134.3480.18
Shareholders equity total212.72125.58169.99184.34130.18
Balance sheet total (assets)389.77370.39377.01456.93561.32
Net debt-83.76-74.9530.60- 133.15- 337.04
Profitability
EBIT-%
ROA26.6 %26.1 %41.8 %41.8 %20.7 %
ROE37.2 %44.7 %81.2 %75.8 %51.0 %
ROI48.1 %56.9 %94.4 %88.5 %62.4 %
Economic value added (EVA)82.3070.00118.41126.3878.32
Solvency
Equity ratio54.6 %33.9 %45.1 %40.3 %23.2 %
Gearing2.5 %3.9 %18.0 %5.0 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.41.71.61.2
Current ratio2.11.51.81.71.3
Cash and cash equivalents89.1179.84142.38344.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-04T14:01:12.200Z

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